Soltage Closes $525m Tax Credit Investment Vehicle for Storage and Solar Projects

Sep 23, 2025

Financing

Soltage announced the successful closing of a $525 million tax credit investment vehicle designed to finance a substantial portfolio of solar and energy storage projects across the United States. This significant funding milestone will support the development and construction of approximately 200 megawatts of new generation capacity in key markets. Projects are strategically planned for states including California, Illinois, Massachusetts, New Jersey, and New York. The financing structure leverages federal Investment Tax Credits (ITC) and underscores strong institutional investor confidence in Soltage’s ability to execute large-scale renewable energy infrastructure.

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© 2025 TomorrowIQ

© 2025 TomorrowIQ

© 2025 TomorrowIQ